Census Bureau data for Ferrum CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Ferrum CDP
- What is the median household income in Ferrum CDP?
- The median household income in Ferrum CDP is $31,750 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Ferrum CDP?
- The poverty rate in Ferrum CDP is 35.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in Ferrum CDP?
- $202,500 (U.S. Census Bureau ACS 2023).
- What is the average rent in Ferrum CDP?
- The median gross rent in Ferrum CDP is $662 per month (U.S. Census Bureau ACS 2023).
- What percentage of Ferrum CDP residents have a college degree?
- 28.1% of adults in Ferrum CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,622
Median Income
$31,750
Median Home Value
$202,500
Poverty Rate
35.5%
Unemployment (ACS 2023)
8.4%
Median Age
21.0 yrs
Since 2019
Median Income:
$-16,484 (-34.2%)
Home Value:
+$72,100 (+55.3%)
Poverty Rate:
+32.7 pp (+1167.9%)
Bachelor's+:
+9.3 pp (+49.5%)
Unemployment:
-4.9 pp (-36.8%)
Demographics
Total Population
1,622
Median Age
21.0
Female
43.8%
Race & Ethnicity
Hispanic or Latino 2.8%
White (non-Hisp.) 66.2%
Black 25.4%
Two or More 6.5%
Other 0.8%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.0%
Mexican
0.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$31,750
±$18,897
-$59,224 vs. state
Per Capita Income
$63,780
Median Family Income
$54,286
Poverty Rate
35.5%
+28.7 pp vs. state
Child Poverty Rate
52.6%
Working-Age Poverty Rate
—
SNAP Recipients
26.3%
Social Security Income
—
Retirement Income
37.5%
Household Income Distribution
< $10k
7.7%
$10–15k
5.3%
$15–25k
30.4%
$25–35k
8.0%
$35–50k
17.7%
$50–75k
5.6%
$75–100k
9.7%
$100–150k
7.7%
$150–200k
3.8%
$200k+
4.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
436
Owner-Occupied
64.9%
Renter-Occupied
35.1%
Vacancy Rate
22.2%
Median Home Value
$202,500
-$158,200 vs. state
Median Gross Rent
$662
Owner Cost Burden (30%+)
51.7%
Renter Cost Burden (30%+)
45.6%
Home Value Distribution
< $50k
8.2%
$50–100k
24.1%
$100–200k
10.0%
$200–300k
35.9%
$300–500k
15.5%
Gross Rent Distribution
$500–1k
73.8%
$1–1.5k
11.7%
$1.5–2k
14.6%
Vehicle Availability
No vehicle
4.7%
1 vehicle
41.0%
2 vehicles
35.4%
3+
18.9%
Housing Type
Single-fam. det.
66.3%
2–4 units
7.3%
5–19 units
10.1%
Mobile home
16.3%
Housing Age
Pre-1940
25.5%
1970–1999
5.7%
2000–2009
32.3%
2010+
2.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
77.4%
Bachelor's or Higher
28.1%
-13.4 pp vs. state
Graduate Degree
10.3%
Some College / Associate
26.3%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
55.2%
Unemployment Rate
8.4%
+4.1 pp vs. state
Work from Home
19.8%
Self-Employed
2.2%
Government Workers
19.9%
Private For-Profit
78.0%
Industry
Edu/Health
34.0%
Retail
18.3%
Arts/Entmt.
16.3%
Prof. Services
13.6%
Construction
3.9%
Manufacturing
3.8%
Agriculture
3.1%
Finance
1.6%
Transportation
1.2%
Public Admin
1.2%
Information
0.5%
Occupation
Management
37.1%
Sales
24.2%
Food Prep
23.5%
Production
9.1%
Construction
6.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.6 min
Drove Alone
47.8%
Carpool
8.8%
Public Transit
2.0%
Work from Home
19.8%
Walked
21.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
339
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
54.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
36.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.9%
5–9
4.6%
15–19
26.6%
20–24
33.2%
25–34
6.6%
35–44
3.6%
45–54
3.7%
55–64
5.3%
65–74
5.6%
75–84
5.2%
85+
0.6%
Under 18: 10.9%
Working age (18–64): 89.1%
65 and over: 6.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
0.5%
Naturalized Citizen
0.0%
Speaks English Less Than Very Well
0.0%
Veterans & Disability
Veteran
2.7%
With a Disability
14.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.8%
Uninsured
1.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.0%
Has a Computer
90.0%
Same House 1 Year Ago
83.4%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023